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Delhaize Group (Delhaize Group) Debt-to-Equity : 0.40 (As of Mar. 2016)


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What is Delhaize Group Debt-to-Equity?

Delhaize Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $91 Mil. Delhaize Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $2,616 Mil. Delhaize Group's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $6,820 Mil. Delhaize Group's debt to equity for the quarter that ended in Mar. 2016 was 0.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Delhaize Group's Debt-to-Equity or its related term are showing as below:

DEG's Debt-to-Equity is not ranked *
in the Retail - Defensive industry.
Industry Median: 0.64
* Ranked among companies with meaningful Debt-to-Equity only.

Delhaize Group Debt-to-Equity Historical Data

The historical data trend for Delhaize Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delhaize Group Debt-to-Equity Chart

Delhaize Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.61 0.55 0.50 0.41

Delhaize Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.43 0.42 0.41 0.40

Competitive Comparison of Delhaize Group's Debt-to-Equity

For the Grocery Stores subindustry, Delhaize Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Delhaize Group's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Delhaize Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Delhaize Group's Debt-to-Equity falls into.


Delhaize Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Delhaize Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(92.593 + 2645.969) / 6718.954
=0.41

Delhaize Group's Debt to Equity Ratio for the quarter that ended in Mar. 2016 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(91.314 + 2615.813) / 6819.599
=0.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Delhaize Group  (NYSE:DEG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Delhaize Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Delhaize Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Delhaize Group (Delhaize Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Delhaize Group SA (NYSE:DEG) » Definitions » Debt-to-Equity
Comparable Companies
TSE:8028 TSX:WN TSX:MRU TPE:2912 LSE:OCDO XPAR:CA OSTO:ICA SGX:D01 XBRU:COLR TSX:EMP.A OHEL:KESKOA CASY LSE:MRW LSE:SBRY LSE:89VS XPAR:CO IST:BIMAS SHSE:603866 TSX:L WAR:DNP
Traded in Other Exchanges
N/A
Address
Website
http://www.delhaizegroup.com
Delhaize Group SA was founded in Belgium in 1867. It operates food supermarkets. Its conducts its retail operations through its businesses in the United States; Belgium and the Grand Duchy of Luxembourg, collectively as Delhaize Belgium; Greece, Romania and Serbia, collectively as Southeastern Europe; and Indonesia. Its store network also includes other store formats such as proximity, cash and carry and specialty stores. Its competitors include international, national, regional and local supermarket chains, supercenters, independent grocery stores, specialty food stores, warehouse club stores, retail drug chains, convenience stores, membership clubs, general merchandisers, discount retailers and restaurants. Food retail chains generally compete on the basis of location, quality of products, service, price, product variety, store condition and e-commerce offer. The Company's brands include Delhaize, Taste of Inspirations, 365, Care, Delhaize Eco and Delhaize Bio.